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Futures Tumble On AI Spending Fears As Brent Hits 2 Week High
Futures Tumble On AI Spending Fears As Brent Hits 2 Week High
US equity futures are lower, dragged by tech, following a report that OpenAI missed revenue and user targets and there growing internal pushback against Sam Altman's notorious aggressive spending (the company has $1.5 trillion in commitment it won't be able to meet), which is hitting semiconductors and the broader supply chain. AS of 8:15am ET, S&P futures are down 0.7% and Nasdaq futures dropped 1.2% as concerns resurfaced over whether the vast amounts of investment in artificial intelligence will...
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Apr 4, 2026 / Tyler Durden
Navy's Top Officer Admits Ford Carrier Fire Halted Its Combat Sorties For Two Days
Navy's Top Officer Admits Ford Carrier Fire Halted Its Combat Sorties For Two Days
More details continue to belatedly come out in piecemeal fashion related to the Navy's largest and most expensive supercarrier, the USS Gerald R Ford. It has withdrawn from the Iran theatre of operations and Mideast regional waters, now anchored in Croatia (Split) for largescale emergency repairs, after a March 12 fire which the Pentagon has said was non-combat related left some sailors with minor injuries.
New information has been disclosed by no less than the US Navy's...
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Sep 1, 2026 / Tyler Durden
Trump Admin Asks Appeals Court To Halt Block On USPS Mail-In Ballot Rule
Trump Admin Asks Appeals Court To Halt Block On USPS Mail-In Ballot Rule
Authored by Aldgra Fredly via The Epoch Times,
The Trump administration filed an emergency motion on Aug. 31 seeking a stay of a judge's ruling that blocked the U.S. Postal Service (USPS) from enforcing its requirements to tighten rules around mail-in voting.
The motion was filed in the U.S. Court of Appeals for the First Circuit shortly after U.S. District Judge Indira Talwani on Aug. 31 declined to pause her temporary restraining order. That order was issued on Aug....
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Apr 23, 2026 / Tyler Durden
12 AGs Petition Court To Defend Trump's Executive Order On Citizenship Verification In Elections
12 AGs Petition Court To Defend Trump's Executive Order On Citizenship Verification In Elections
Authored by Janice Hisle via The Epoch Times,
Attorneys general from a dozen states on April 20 asked to intervene in two lawsuits that oppose President Donald Trump’s executive order on citizenship verification and other election integrity efforts.
The coalition of attorneys general filed motions in Massachusetts and the District of Columbia, expressing support for the president’s March 31 executive order, titled “Ensuring Citizenship Verification and Integrity in Federal Elections.”
After Trump issued the order, “left-leaning activists and progressive...
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